Analysis of the Relationship between Economic Development of the Three Major Industries and Carbon Dioxide Emissions in China

The widespread use of fossil fuels has caused tremendous damage to the environment, and countries all over the world are facing the problem of energy conservation. China is also constantly striving to achieve the goal of energy conservation. The purpose of this paper is to explore the relationship between the intensity of CO2 in China and the added value of the three major industries. The author analyzes the data of CO2 intensity and the added value of the three major industries from 2004 to 2018, and establishes a regression equation between the above four variables. Then STATA is used to test the nature of each variable time series. Finally, the author analyzes the coefficients of each variable and draws conclusions. The regression results show that the relationship between CO2 intensity and the added value of the three major industries is different. The economic development of the primary industry and the tertiary industry will reduce the CO2 intensity, while the secondary industry is the opposite. Based on the above results, the author puts forward a new idea of pursuing economic development while ensuring energy conservation, which contains three main steps, persisting in consolidating the fundamental position of the primary industry, improving the energy structure of the secondary industry, and striving to increase the proportion of the tertiary industry's added value in GDP.